AAR Corp Parts Supply and Engineering Initiatives
Repair & Engineering
Miami airframe MRO facility expansion
AAR partnering with Miami Dade Aviation Department (MDAD) to build
114K sq. ft. three-bay hangar with back shops
-
Will expand facility by 33% from nine aircraft slots to 12
AAR
N
•
.
•
Expected to create more than 250 new jobs in market with
favorable labor market dynamics
Received customer commitment for work in new hangar as demand
exceeds current network capacity
Expect to break ground in Q2 FY24; hangar construction duration ~24
months
Expected cost of $50M to be reimbursed by MDAD
Potential for further expansion at other existing network locations
Expansion to meet customer
demand in key market
Note: MDAD to reimburse costs up to $50 million
AAR
© 2023 AAR CORP. All rights reserved worldwide.
54View entire presentation